Supply Chain News on MAPI Projects US will Finally Surpass Peak 2007 Manufacturing Output in 2019

Supply Chain Digest

MAPI Nearly Doubles its Forecast of Manufacturing Growth through 2021, with Even the Apparel Sector Seeing Some Goods News

Jobs Sustainability: Little Time Remains to Implement Long-term Strategy

Enterra Insights

“By 2021,” writes Forrester Vice President Brian Hopkins (@practicingEA), “a disruptive tidal wave will begin. Solutions powered by AI/cognitive technology … Continued.

Saudi Aramco announces major supply chain shakeup

Logistics Middle East

Saudi Aramco wants to double to 70% its local sourcing by 2021 as part of a US $300-billion investment in its supply chain

The top 3PL providers for eCommerce in the USA

TradeGecko

billion by 2021, the writing is on the wall: eCommerce in the US isn’t going anywhere. With eCommerce sales in the United States reaching USD$360.3 billion in 2016 and projected to surpass US$603.4 Logistics eCommerce Shipping

How Amazon will impact the supply chain in 2018

TradeGecko

Wall Street firm Needham predicted that by 2021 Amazon would make up 50% of all US eCommerce, so we can expect 2018 to be another colossal year for the eCommerce giant. In their 10-K annual report from 2017, Amazon stated that it had generated $6.4 billion in sales from retail subscription services alone. eCommerce

Ford gets free publicity for promising autonomous cars in 5 years

Techgistics

Mark Fields, Ford’s chief executive, said the company planned to mass produce driverless cars and have them in commercial operation in a ride-hailing service by 2021. Fully autonomous by 2021. Neal E. Boudette, writing for the New York Times: At a news conference on Tuesday at the company’s research center in Palo Alto, Calif.,

How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

According to Forbes, about 70 percent of retailers will be investing in IoT technologies by 2021, with over 30 billion IoT devices. The U.S. e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022.

Key Guiding Principles for Getting a Better Handle on Implementing Artificial Intelligence (AI) in Supply Chain Management

Arkieva

In fact, Gartner predicts by 2021, 40% of new enterprise applications will include Artificial Intelligence Technologies, where AI and Machine Learning promise to solve a plethora of problems faced by enterprises today, from better decision making to increased efficiencies and cost savings. The role of Artificial Intelligence (AI) in business activities has again emerged as a hot topic for 2017 and 2018.

A time of transition: 3 key trends for oil & gas in 2018

Quintiq

According to the International Energy Agency (IEA), the renewable energy industry is expected to grow 13% in the period until 2021. The fall in oil prices transformed the global oil & gas industry.

Trends 184

Cognitive Computing will Achieve Mainstream Adoption in 5 Years

Enterra Insights

Gartner analysts predict “smart machines will enter mainstream adoption by 2021 with 30 percent adoption by large companies. This will … Continued. The post Cognitive Computing will Achieve Mainstream Adoption in 5 Years appeared first on Enterra Solutions.

River Logic Named a Gartner's 2017 Forecast Snapshot for Prescriptive Analytics

River Logic

billion by 2021 , with a 21% CAGR from 2016. Back in 2016, Gartner produced its first research note on prescriptive analytics technology, the Forecast Snapshot of Prescriptive Analytics. Once again, River Logic was noted as one of the few major players that hold around 85% of the market share in the prescriptive technology space. The prescriptive analytics software market is set to reach $1.57 Prescriptive Analytics Gartner Market Research

Bringing Augmented Reality to Supply Chain

Elementum

million headset shipments by 2021, almost double from 2016’s 10 million. by 2021 compared to US $2.1B Augmented reality, or simply known as AR, is the usage of technology to superimpose computer-generated sensory input such as sound, videos, and images over a person's real-view world.

The Top 5 Changes That Occur With AI in Logistics

Cerasis

billion by the end of 2021. There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. That may seem like a cliché, or hype, or buzz, but it is true.

Bringing Augmented Reality to Supply Chain

Elementum

million by 2021, almost double from 2016’s 10 million. by 2021 compared to US $2.1B Augmented reality, also known simply as AR, is the usage of technology to superimpose computer-generated sensory input like sound, videos, and images, over a person's real-world view.

SCM 78

How New GHG Regulations Affect the Future of Transportation

PLS Logistics

Additional truck and trailer requirements, including fuel-efficiency guidelines and CO 2 emissions standards, will be implemented in 2021, 2024 and 2027.

Technology and the Supply Chain: What Does the Future Hold?

The 21st Century Supply Chain

WEF says by 2021, the automated workforce will reach its tipping point into mainstream and become the norm. by Alexa Cheater Meet the Jetsons! Like any well-rounded child of the 80s, I grew up watching Saturday morning cartoons.

Mastering eCommerce: How to optimize your eCommerce business and scale to new heights

TradeGecko

trillion dollars by 2021. Statista is predicting that the eCommerce industry will be worth 4.48 With this in mind, it would be a smart move to start thinking about how you can make the most out of your eCommerce store. Business Growth eCommerce

This Week in Logistics News (August 27-31, 2018)

Talking Logistics

Toyota invests $500 million in Uber, will partner to deliver self-driving cars by 2021 (USA Today). I’m on borrowed time this morning, so let’s go straight to the supply chain and logistics news that caught my attention this week, which was dominated by M&A, new startups, and investments news. MercuryGate International Acquired by Growth Equity Investor Summit Partners. Trump Reaches Revised Trade Deal With Mexico, Threatening to Leave Out Canada (New York Times).

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

For example, the US Environmental Protection Agency (EPA) is phasing in fuel efficiency standards starting with trailers in 2018, truck standards in 2021, which are estimated to provide 2-4 year payback periods.

Tools 198

Is Hyperloop the Next Great Supply Chain Technology?

The 21st Century Supply Chain

The CEO of the company behind the test (Hyperloop One) estimates that the system will be transporting cargo by 2019 and passengers by 2021. by Melissa Clow This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management.

Supply Chain Transformation is a Journey not a Destination

Enterra Insights

Beadle reports, “By 2021, one in 10 warehouse workers in established economies will be replaced by autonomous mobile robots (AMRs). Gartner predicts, “By 2021, 20% of all customer service interactions will be handled by virtual customer assistants and chatbots.” Supply chains have been around since people realized they had things worth trading. As new technologies emerged, supply chains transformed to take advantage of these technologies.

7 Trends Propelling TMS Solutions to Center Stage

Cerasis

However, global use of the TMS is expected to have a compounded annual growth rate (CAGR) of seven percent between 2017 and 2021. 2017 will be the year of renewed focus and interest in adopting newer transportation management systems (TMSs) to boost productivity and find the biggest cost savings among shipping transportation providers. This is the result of renewed, surging demand from consumers and greater confidence in the stability of the U.S. economy.

Trends 166

How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

Cerasis

billion by 2021. Technology advancements were among the most exciting topics to watch through 2016. Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. Like any modern business, you can learn great things by looking back at what did and did not come to fruition.

Long-Haul Trucking: The First and Best Use Case for a Level 5 Self-Driving Vehicles

Techgistics

Ford is working on Level 4 self-driving taxis , planned for 2021. In July 2016 , inspired by Elon Musk’s Master Plan, Part Deux , I laid out a concept for self-driving vehicles for long-haul trucking. I thought I would expand upon that concept in this post. Transportation has been the source of some of the greatest innovations in human history from the invention of the wheel to automobiles, ships , trains, planes, and rockets.

Let's Get Digital: Supply Chains Are Going to Get Smarter in 2018

Supply Chain Nation

By 2021, 20% of the top manufacturers will depend on a secure backbone of embedded intelligence, using IoT, blockchain, and cognitive systems, to automate large-scale processes and speed execution times by up to 25%.

Will Robotics Emerging Technology Improve Logistical Efficiency?

AFFLINK

Among other things, the article reports that remotely-operated vessels will be common by 2030, semi-autonomous trucks will probably be common on American roads in five to 10 years, and the number of commercial drones will be 10 times higher in 2021 than 2017. Will Robotics Improve Efficiency?

Three Mega Trends Driving Supply Chain Transformations

TMC

In fact, according to Statistica’s research, ecommerce sales are expected to increase 246% by 2021, to $4.5

Responding to Disruptive Delivery Models & Rising e-Commerce in APAC

BluJay Solutions

trillion in 2021, with this region leading the global mobile commerce adoption. With global giants like Amazon and Alibaba using their supply chains as a way to gain a competitive advantage, smaller retailers risk being left behind. . The estimated value of the global e-commerce market for consumer goods has grown by 16% over the past year, with a total annual spend in 2017 reaching almost US$1.5 trillion. In Asia Pacific, the B2C e-commerce market is projected to grow to US$1.6

80% of British consumers consider purchasing from brands outside of the UK

Manufacturing & Logistics IT

With cross-border online sales expected to more than double in the next five years to reach $424 billion in 2021 according to Forrester, new research from Bronto Software, the commerce marketing automation and a NetSuite company, reveals that 80% of British consumers consider purchasing online from a retailer outside of the UK and 44% have already done so

The Manufacturing Capitals of the World

Cerasis

Business Insider predicts business spending on IoT solutions will hit $6 trillion by 2021. The manufacturing industries are evolving as new digital technologies transform the landscape. As smart manufacturing and the implementation of the IoT drives manufacturing to new heights, what should we expect to see from manufacturing in years to come? RS Components reveal all with a new interactive graphic. In the USA, manufacturing generated $2.18

Trends That Will Revolutionize Logistics in 2018

Material Handling & Logistics

By 2021, as much as 25% of the large global companies will be piloting or using AI and blockchain-based automation in transactional procurement. With the advent of digitalization, the supply chain industry is getting a complete makeover.

Trends 105

Green Solutions in Trucking Industry

GTG Technology Group

While the EPA has given the trucking industry until 2021 to fully comply with the new set of standards, the state of California has already begun its green overhaul of the industry.

Three Renewal Strategies For Aging Warehouses and Legacy Warehouse Technology

Lucas

According to VDC Research, close to 15 million Windows industrial mobile devices will reach their end of life in 2020 and 2021, when Microsoft ends support for Windows Mobile/CE.

Trends Shaping Industry 4.0

Enterra Insights

Jeff Hojlo ( @jeffhojlo ), program director for Product Innovation Strategies at IDC, predicts, “By the end of 2021, 25% of global manufacturers will apply machine learning to data across product development, supply chain, manufacturing, and service for more rapid decision support, improved quality, differentiated products, and innovative business models.”[3]. Industry 4.0

Trends 100

Technologies are changing the Logistics Picture

Enterra Insights

In another article, Nahata predicts, “By 2021, 25% of large global companies will be piloting or using artificial intelligence automation in transactional procurement.”[5] Supply chain professionals are like the military’s special forces. Each day they battle to beat competitors while simultaneously trying to win the hearts and minds of customers.